Over the past two weeks, we have discussed creditors’ critical role and how they are favouring informal workouts over liquidation and business rescue. This was reaffirmed at the recent SARIPA Conference, where several roundtable discussions […]
While theoretically simple, cash flow management can become quite complicated in practice. Companies can be presented with many cash flow management systems and will need something else to be suitable. When there is high demand, […]
CDH previously reported on the judgment by the Supreme Court of Appeal (SCA) in the case of CSARS v The Thistle Trust (516/2021) [2022] ZASCA 153 (7 November 2022) in our Tax alert of 24 […]
One of the biggest challenges stemming from the tough economic climate experienced between 202 and 2023 was the urgent need to modernise supply chain and logistics policies. This needs to be implemented at a national […]
In August 2024, Statistics South Africa revealed that 1020 entities filed for liquidation in the first 8 months of 2024. In contrast, the Companies and Intellectual Property Commission (CIPC) recorded that only 230 companies entered […]
Ke December boss is a phrase commonly used at the end of the year by South Africans who are eager to take a well-earned shutdown for the December vacation. However, the holiday feeling creeps in […]
It is a well-established principle in our law that insolvency/liquidation proceedings are not meant to be used for the recovery of a debt – the courts regard this as an abuse of (legal) process. Rather, […]
For many years, the narrative around electricity in South Africa was doomy and gloomy, with little hope of a recovery on the horizon. However, provided that you live outside of the City of Johannesburg, the […]
Since the beginning of the COVID-19 pandemic, retailers have found themselves in a continuous state of disruption, having to increase productivity for smaller margins as consumer behaviour continues to shift towards convenience. South Africa has […]
In my last thought leadership article, we began to look at the principals that underlie informal workouts. This process is guided by principles set out by the International Association of Restructuring, Insolvency & Bankruptcy Professionals […]
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